Corporations Act 2001
CHAPTER 2B - BASIC FEATURES OF A COMPANY
PART 2B.7 - CHANGING COMPANY TYPE
SECTION 167AA APPLICATION OF PART TO COMPANY LIMITED BOTH BY SHARES AND BY GUARANTEE
167AA(1) [ Company limited both by shares and guarantee]
A company limited both by shares and by guarantee may change to one of the following types of companies under this Part:
(a)
a proprietary company limited by shares;
(b)
a public company limited by shares;
(c)
a company limited by guarantee.
167AA(2) [ Application]
This Part applies to the change with any modifications that are necessary.
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